those things will continue to pressure defense. any plan will have to involve some defense cuts. that will see pressure as well. we're concerned about the broad economic story industrials, materials, that's where i'm concerned. >> here's the time line, 5:30 p.m., the white house is going to have a conference call with ceos. at 5:45 p.m., president obama will make a statement. meantime we're asking will all of this hurt the united states credit rating? we'll have shawn eekin when we come right back. stay tuned. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. fr